Question
Angela Ltd has earnings of $200,000, has 200,000 shares on issue, and the shares are priced at $10 per share. Bronwyn Ltd has earnings of
Angela Ltd has earnings of $200,000, has 200,000 shares on issue, and the shares are priced at $10 per share. Bronwyn Ltd has earnings of $150,000, has 100,000 shares on issue, and the shares are priced at $5 per share. What will the earnings per share the combined entity be if Angela Ltd issues one of its share for every two Bronwyn Ltd shares?
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
